The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-12-31
Local and State Notes.

The directors of the Cleveland Columbus,
Cincinnati & Indianapolis have decided to de-
clare no dividend The surplus for the year is
1899.
The gross earnings of the Pennsylvania lines
for the month of November 1887. show an in
over the corresponding month, 1886, of
s387. 0G1-
The handsome earnings which the roads are
showing are largely due to the fact that a much
smaller per cent. of the cars handled empty
than usual There hiss been plenty Of freight
moving both ways to well equallZe matters.
Indiana Goals now moving south over the
s L., n. A. & @. road and the j.. NJ. & l. at the
rate of $50 per day. Jefersonville and
louisville rs well as New Albany large
iy dependent on the Indiana mines on the I. Il.
d l., the L & ST. L.. and the q V. roads.
meeting of the joint classification committee
ms been called in Chicago for Jan. 10 The
emmittee is charged with the task of merging
tss Eastern and Western classifcations into
harmony, with view of their adoption by all
Ines from the Atlantic to the Pacific coast
Passenger rates to the Pacific coast tomorrow
sfe advanced $40. In commenting on the ad-
vance a general passenger agent said yesterday
that he had good reason for stating that within
ten days they would be dropped back to the
rates which have prevailed 1or some months
past
Some idea OF the business that the c., l.. st.
L. & c. is doing may be formed from the fact
shat last night there were standing on slde-tracks.
awaiting power to forward them. AGO loaded
cars as follows: At kankakee 40. Sheldon so,
Lafayette so, Indianapolis 120, and at Green's
burg 10.
Articles of incorporation have been filed with
the Secretary of the State of Illinois by a COM
pany to be known as the Quincy q Beardstown
Short-line Railway Company. They propose to
bnild road from Beardstown to Quincy. 1t Is
believed the Ohio & Mississippi Ii behind the
enterprise
At the suggestion of NJ. e. Ingalls,. president
Of the c., l.. ST L. & c. road, vote Is beng
taken by the roads in the Central Traffic Asso-
citation as 70 making the rate on 1,0OO-mile tick
cts q cents per mile, good for only one person
for one year. IL Is thought the PROPOSITION Will
be defeated.
J. c. Clarke who has accepted the position of
general manager of the Mobile & Ohio road. has
SUIT entirely loose from the Illinois Central, even
.esiening as of its directors. This would
Indicate that the relations between the two rail-
rad interests not friendly as has been
epresented.
There seems to be some misunderstanding re-
. arding the advance in through freight rates or
cred on the roads in the Central Traffic Assoc
citation and the trunk lines. It is simply this: On
jan 2 east. bound rates advance 10 per cent and
on JAN relative advance is made on west
bound rates
It is understood that the A. T. & s. +. have
aecided TO lay exterslon from Morton. on the
1Icago Pekin 81 Southwestern, which they
wv own. Should such an extension be built.
ne management of the Peoria, Decatur 81
Evansville expect to profit thereby
There is a proposition, which has many
friends, to make uniform rate of two cents
per mile on / ,000me tickets, requiring the
person purchasing it 10 have his photograph at
tached Should this scheme bs carried out 1t
will be a rough blow at the scalpers, es the
mileage ticket in its present form Is one o. their
chief relances.
The Pennsylvania people report that they
nave their business now well cleared MP, and
freights are moving quite promptly for the first
lime in several weeks. At no point now is there
my delayed trelghts. Their local. as well as
rough traffic, Is heavy beyond parallel. but
.itn their increased equipment they hope TO
we no further trouble.
On March the Lake Erie & Western people
expect to have their Peoria extension completed.
There Will then be three roads running through
rains between Indianapolis and Peoria The
i. B. g. w. will have the shortest route. and
here Will be but little difference as to distance
between the points named over the l., d. Sc ".
id the p, d. & E., and the route that the
=. Z. & W. will open.
But Il or Indiana roads are operated under re-
SEWERS, and before the middle of next month
probably two of them will be taken out of the
ands Of the court. Under the most favorable
rcumstances operating railways through the
'urts is expensive business. and IN no case is
lis statement better verified than in the
:eiverships of the Philadelphia S Reading road. |
Is expenses for receivers and lawyers for the |
asst three years and seven months amounted to |
$780, 0Q0
Peoria, and who made much of a success in |
adjusting the damages which arose from The |
1hatsworth disaster, on the Toledo, Peoria 81 |
Western road, spent yesterday In the city.
There were 255 cases where damages were
claimed by the friends of those killed. or by par
les injured in the disaster. and all but four OF
mall importance. have been satisfactorily ad-
listed, the adjustment costing the company
title over $500, 900. In the accident eighty-tTo |
ersons were killed. But forty suits were
roueht and these have all been settled. MIR.
stevens says that he doubts If there is another
ase on record where rairoed company has
eted so honorab1y as in this. The road had,
mt few days before, been taken out of the
ands of receiver. and had the directors chosen
o to do, they could have thrown the property
ack to the trustees and the sufferers would not
ave gotten dollar. But e. E. Leonard, the